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Understanding Common Business Contracts
Class Term:
Fall Term 2024-2025
Catalog Number:
5156
Professor(s):
Professor
Simulation Course
Credits:
2 (2 Contact, 0 Field)
Graduation Requirements:
Experiential Learning
Priority:
General Enrollment Course
Full Year Course:
No
Category:
Standard Courses
Description
Most 1L contracts courses give little attention to the structuring of actual contracts. While this is commonly remedied in upper level courses, even there the major focus tends to be on larger corporate deals (mergers and acquisitions, construction contracts, credit and financing arrangements, etc.). In fact, a large number of contracts in the world that lawyers negotiate and draft are smaller in dollar value, and yet extraordinarily important to understand and master. This class will introduce you to these contracts, and show you how they are structured and drafted. In so doing, we will discuss terms and conditions that are frequently subject to negotiation. We will also discuss different drafting alternatives to resolve such issues.